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29 January 2020 | 18 replies
Yes I have looked into the state-wide rent control legislation.
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27 January 2020 | 6 replies
And there's no federal mechanism pressuring states to do something specific, like how if a state's drinking age is below 21 then that state will lose federal highway dollars (fun fact: there is ALSO no federal minimum drinking age applicable outside of federally controlled land, just some highway money that forced all the states to "voluntarily" set it at 21 on an individual basis, I believe Texas was the last holdout, possibly due to oil money).
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29 January 2020 | 6 replies
@Douglas J AndrewsHi Douglas, if you are intent on this property your best bet is to get it under contract with contingencies.A key element in making your purchase offer is doing a critical path analysis to determine the steps, time, players and capital needed to pull the deal off.To save yourself time and aggravation, make your first pass offer the the form of a term sheet.
28 January 2020 | 1 reply
He will now have to wait until our transaction is complete and pay me for access, but now the church is knocking my door to purchase the property and control who their neighbors are.
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29 January 2020 | 65 replies
If you were thinking of something with STR, and you aren't completely familiar with the business model, it may be worth it to purchase something that doesn't have an HOA (SFH, MFH) so that you have more direct control over the asset.
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7 February 2020 | 14 replies
Never mind that Hayward has rent control, and now the whole state has rent control, and you'll never get there.
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1 July 2021 | 19 replies
You don't see much rent control in red states
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23 February 2020 | 4 replies
$2000 in legal costs later the owner of lot one settled and I got all the rent he collected on my storage units for 8 months of my ownership, and I got control of my units.
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28 May 2020 | 4 replies
Crowdfunding gives more control and transparency and may be easier to track how the individual properties are performing.
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25 February 2020 | 4 replies
If I could take control of the home, pay the debt, and then sell the home for a good return, then it would be worth it.